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Economy

Ghanaian Investors Seek Business Deals in Rwanda

Ghanaian Investors Seek Business Deals in Rwanda

Ghanaian business community is cheerful about their maiden trip to Rwanda where they expect to explore various opportunities and learn from the country’s transformation. Citi FM a popular…

Rwanda Announces Direct Flights to India, Signs More Trade Deals

Rwanda Announces Direct Flights to India, Signs More Trade Deals

Business between Rwanda and India will become easier following an announcement that there will be direct flights from Kigali. President Paul Kagame has pledged that his country’s national…

President Kagame to Present New Business Opportunities in India

President Kagame to Present New Business Opportunities in India

Rwanda is likely to strike important deals from India at a vibrant business summit where world investors will converge to explore outstanding investment opportunities. President Paul Kagame, accompanied by a…

Businesses, NGOs in Residential Areas to Relocate Before April

Businesses, NGOs in Residential Areas to Relocate Before April

All businesses and nongovernmental organizations are required to operate from areas specifically designated for commercial and office purposes – a new directive has been announced by the city of Kigali…

Pump Price increases by Rwf 22

Pump Price increases by Rwf 22

Car owners will have to dig deeper into their pockets to keep driving.   In a communiqué from Rwanda Utilities Regulatory Authority (RURA) has announced that effective January 4, 2017…

U$200 billion of FDI Could Bailout Africa’s Economy

U$200 billion of FDI Could Bailout Africa’s Economy

Experts believe Africa can overcome its economic challenges if it taps into the U$200 billion of Foreign Direct investment-FDI that is waiting for bankable projects on the continent…

Rwanda Plans To Enrich A Million Citizens In 2016

Rwanda Plans To Enrich A Million Citizens In 2016

Rwanda plans to uplift another million people out of poverty by 2016; the Word Bank has announced in its latest update on the country’s economic situation. The World Bank…

Kagame Breaks the Ice on Why Africa Fails

Kagame Breaks the Ice on Why Africa Fails

President Paul Kagame says Africa is missing an opportunity to utilize intra-African trade and raise enough investment to replace foreign aid. “We are missing an opportunity in our…

Rwanda’s Budget for 2015-2016 Out

Rwanda’s Budget for 2015-2016 Out

Rwanda’s Finance Minister, Claver Gatete, has just presented Rwanda’s budget to a joint plenary session of members of parliament and senators. His total budget for fiscal…

Rwanda Builds New Cities To Stop Kigali Population Explosion

Rwanda Builds New Cities To Stop Kigali Population Explosion

Jean Bosco Hakizimana, 40, left his village of Musange in Nyamagabe district, Southern Rwanda in 2008 to earn a living in capital Kigali. The father of three was employed as…

How Poor or Rich are Rwandans? Finance Minister Announces Today

How Poor or Rich are Rwandans? Finance Minister Announces Today

Later today at 5:00PM, the Finance Minister, Claver Gatete, will announce whether Rwandans are growing richer or poorer. The Ministry’s Communication Officer, Sam Jean RUBURIKA announced that…

Japan gives Rwanda US$8M for rural water supply

Japan gives Rwanda US$8M for rural water supply

Japan has signed Rwanda US$8.4M (Rwf5.8b) to finance a project of supplying water in rural areas. More than 131,000 people are expected to have access to…